Bankinter

Bankinter, S.A. (Spanish pronunciation: [baŋˈkinteɾ]), is a Spanish financial services company headquartered in Madrid. It has been listed on the Bolsa de Madrid (Madrid stock exchange) since 1972, and is part of the Ibex35 Index. It was founded in 1965 as an industrial bank through a joint venture between Banco Santander and Bank of America.

Bankinter, S.A.
TypeSociedad Anónima
BMAD: BKT
ISINES0113679I37
IndustryFinancial services
Founded1965 (1965)
HeadquartersMadrid, Spain
Key people
Pedro Guerrero
(Chairman)
María Dolores Dancausa
(CEO)
ProductsRetail and business banking
Revenue €1.391 billion (2019)[1]
€2.054 billion (2019)[1]
€550.665 million (2019)[1]
Total assets €83.732 billion (2019)[1]
Total equity €4.799 billion (2019)[1]
Number of employees
 6,078 (2019)[1]
Websitewww.bankinter.com
The Bankinter building in Seville, architect Aníbal González (1907-1909).

History

Bankinter was founded in June 1965 as a Spanish industrial bank through a joint venture by Banco de Santander and The Bank of America. In 1972 the bank became fully independent of its founders and transformed itself into a commercial bank.

In 1993, the bank embarked up on a growth strategy with Banca Partnet and Red Agencial. In the same year, it became the first digital bank, following the successful introduction of electronic banking. In 2006, the brand was transformed.

In 2009, Bankinter purchased 50% of the insurance company Direct Line from The Royal Bank of Scotland.

In September 2015, Bankinter announced the acquisition on Barclays retail business in Portugal, consisting of 84 offices, and Barclays Life and Pensions, the latter in a joint-venture with Mapfre. The bank paid approximately €100 million for Barclay's Portuguese subsidiary and €37.5 million for the 50% stake in the insurance company.

In May 2019, Bankinter acquired EVO Banco, incorporating its 452,000 clients.[2]

Office Network

By December 31, 2015, Bankinter had a network of 509 offices and 4,405 employees (4,386 in Spain and 19 abroad)

The Board of Directors

The Board of Directors is composed of the following members:

President Pedro Guerrero Guerrero
Vice President Cartival, S.A.
CEO María Dolores Dancausa Treviño
Board member Marcelino Botín-Sanz de Sautuola y Naveda
Board member Gonzalo de la Hoz Lizcano
Board member Rosa María García García
Board member Fernando Masaveu Herrero
Board member Rafael Mateu de Ros Cerezo
Board member María Teresa Pulido Mendoza
Board member Jaime Terceiro Lomba

The Secretary (non Director) is Gloria Calvo Diaz

References
  1. "Bankinter, S.A.: Annual Report 2019" (PDF). Retrieved 19 November 2020.
  2. Alconada, Ángeles Gonzalo (2019-05-31). "Bankinter cierra la compra de EVO y su filial de consumo irlandesa por 65,8 millones". Cinco Días (in Spanish). Retrieved 2020-02-08.


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